That would be a better question for a RE attorney in CA.

As beautiful as Denver and Boulder are, they present the same challenges for investors that the coastal markets in California do.  

It's a 2/1 duplex in San Jose, CA (off of 10th & Julian). 800 sq ft, older property but in good condition.

Hello Everyone,Call me crazy, as every podcaster in the multi-family space always seems to bemoan working with sub B-Class tenants, but here goes:  -I'm looking at several multi-family properties in the Montclair/ Ont...

I hope these links to the California DRE (Now BRE) will help BP members in CaliforniaReferences California Law Real Estate Posted on August 8, 2015 by [email protected] — No Comments ↓ 1.

Also be wary of letter of intents as they are not legally binding, specifically as there is a current tenant in place, and I'd imagine you likely will not be able to get a signed contract in place from this potential tenant.If the borrower won't reveal who the tenant is, I think that might be red flag enough to turn this down.Just a thought, in Southern California, there are a lot of tenants who are willing to do this in the marijuana industry. 

Of course, property prices are much higher in CA.  

Hi Jeremy, I had to reply because I am escaping California.

Keep up the great work.Jim from Riverside, Ca

Most tenants started off as a 6 month or 1 year, and are now on a month to month basis.I am in California.